Madagascar vs Rwanda: Personal remittances and foreign aid received

Madagascar

439.71 million current US$

in 2021

Rwanda

391.21 million current US$

in 2021

Madagascar rank

120th

Rwanda rank

123rd

Personal remittances and foreign aid received over time

Madagascar
Rwanda

How they compare

Madagascar currently reports 439.71 million current US$ against 391.21 million current US$ in Rwanda, a difference of 48.50 million current US$.

That makes Madagascar's figure about 1.1 times Rwanda's.

The two have swapped places 4 times across 41 shared years of data; in 1976 it was Madagascar ahead.

Madagascar ranks 120th and Rwanda ranks 123rd of 193 countries.

Individual pages

About this data

Indicator: Personal remittances and foreign aid received
Unit: current US$
Source: World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data
Licence: CC BY 4.0 (Our World in Data)
Coverage: 193 places, 6,518 data points, 1970–2021
Last refreshed: 07 August 2026

Remittances are financial transfers from non-residents to residents of a country, such as a worker abroad sending money to family and friends. Foreign aid is measured as official development assistance. Both are measured in current US$.